Business Reorganization

Legislative Highlights July 2025

July 2025

BAP Upholds Confirmation of a Plan with No Trust for Future Asbestos Claimants

Ninth Circuit BAP confirmed a plan with no future creditors’ trust when the debtor claimed there were no future claims and no one was in court representing future claimants.

Breaking Barriers: Advocating for State Attorneys in Ch. 11 Proceedings

Sept 2025

Maintaining Private-Equity Involvement and Funding When Their Initial Investment Is Underwater

Aug 2025

Retaining Jurisdiction Doesn’t Ensure Subject Matter Jurisdiction After Confirmation

Listing a lawsuit explicitly in a disclosure statement may not mean there’s a ‘close nexus’ to provide subject matter jurisdiction for an action brought in bankruptcy court after confirmation.

Golden Age of Corporate Bankruptcy

Sept 2025

WARN Act Damages of $15,100 Per Worker Are Section 507(a)(4) Priority Claims

A chapter 11 debtor may be saddled with smaller WARN Act claims by imposing mass layoffs after filing.

Judges’ Roundtables (2025 Central States Bankruptcy Workshop)

Opposing Relief, a Creditor Isn’t Required to Show Constitutional Standing

Delaware’s Bankruptcy Judge Goldblatt explains why the Supreme Court’s Truck Insurance opinion says nothing about Article III constitutional standing.

Faculty Biographies (2025 Central States Bankruptcy Workshop)